Public debt rises B56.3bn

Public debt rises B56.3bn

Net public debt in December rose by 56.3 billion baht from November, the Public Debt Management Office reported on Tuesday.

Outstanding public debt totalled 5.44 trillion baht as of Dec 31, or 45.71% of gross domestic product (GDP), director-general Chularat Sutheethorn said.

Of the total, 5.08 trillion baht, or 93.23%, were domestic debts and 369 billion baht, or 6.77%, were overseas debts, she added.

Government debt accounted for 3.82 trillion baht of total public debt, while 1.08 trillion baht related to non-financial institution state enterprises, 536 billion baht to financial institution state enterprises and 834 million baht to other state agencies, she said.

Government debt actually increased by 29.5 billion baht in the period, while debts of non-financial institution state enterprises went down by 4.29 billion baht, but debts of financial institution state enterprises rose 31 billion baht, said Ms Chularat.

Debts of other state agencies remained unchanged, she added.

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